Bitcoiner and cryptocurrency enthusiast since 2012. Digital marketer with over 15 years of experience in PR, SEO, and content marketing. Designing and building projects from ideation to completion, and has been advising top blockchain projects for the better half of a decade.
NFT Marketplaces and Their Role in the Ecosystem
Without an active user base and available liquidity, the market for any asset class would come to a grinding halt. For emerging asset classes like NFTs, marketplaces serve as the focal point for value recognition and free-market dynamics, providing a secure environment for users to realize the value of their assets through buying, selling, and trading. As the NFT market continues to grow, so will the importance of NFT marketplaces as the middleman for transferring value, as they provide one of the most necessary functions in the space, the ability to transact fluidly.